Public Investment Fund and Mubadala, which put up a total of $60bn for the first Vision Fund, are reportedly looking to downgrade their exposure to the second vehicle, as We Company postpones its IPO.

Returning investor Dongfeng Motor joined an Alibaba-run fund in autonomous fleet developer AutoX's latest round, which will fund the addition of extra vehicles to its offering.

Tiffine Wang has departed from a senior investment manager role at Singtel Innov8 for a partner position at fellow corporate VC unit MS&AD Ventures.

The Fosun-backed stroke-prevention technology developer received $14.1m in a round led by Hidea Venture Capital that will fund clinical testing for its devices.

Baidu and Fosun-backed automated retail system developer SandStar has now secured a total of $25m in funding and rebranded from YI Tunnel.

Elan Microelectronics has contributed to a $290m fund raised by Vertex Ventures that has so far invested 10% of its capital in markets including Southeast Asia.

Returning investor Central Group has contributed to a round that boosted fashion e-commerce platform Pomelo's overall funding to more than $83m.

The database technology developer increased its overall funding to $60m in a round featuring existing investor Qualcomm Ventures.

Sinar Mas Land plans to form a property technology-focused incubator with accelerators Digitaraya and GK Plug and Play that will kick off early next year.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.